Examlex
In real-life experiments, subjects deprived of the experimental stimulus may try to compensate by working harder; this is called
Secured
Refers to a loan or obligation that is backed by collateral, reducing the risk associated with lending.
Unsecured
Refers to loans or debts that are not backed by collateral, presenting a higher risk to lenders.
Fresh Start
A bankruptcy procedure that allows a debtor to eliminate debts and start over financially, often involving reorganization plans for businesses or individuals.
Reorganization Value
The value of a company's assets during a reorganization, reflecting their fair market value rather than book value.
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